U.S. lawmakers pressed Boeing’s chief executive Tuesday about the company’s latest plan to fix its manufacturing problems, and relatives of people who died in two crashes of Boeing 737 Max jetliners were in the room to remind him of what was at stake. CEO David Calhoun appeared before the Senate investigations subcommittee, which is chaired by … Read more
Boeing, a giant in the aircraft manufacturing business, is investing $240 million as part of a partnership with the Quebec government to create an aerospace innovation zone in the Montreal area. The total investments for the project are worth $415 million. The Quebec government is contributing $85 million. Premier François Legault and Economy Minister Pierre Fitzgibbon unveiled the project Tuesday during an annual … Read more
Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker. Despite some public displays of alarm — United Airlines CEO Scott Kirby flew to France to … Read more
The new chief of the U.S. Federal Aviation Administration (FAA) said his agency is midway through a six-week audit of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufacturer. FAA administrator Michael Whitaker suggested that Boeing — under pressure from airlines to produce large … Read more
